CWC automates and integrates the cash center and transport operations
aiming to deliver cost savings and a high quality service to Bank and
Retail clients by cooperating with them within the supply chain.

Fairfax, Virginia, August 18, 2015 - CGI announced today the latest
release of its default management solution, CACS Enterprise. CACS
Enterprise is part of CGI Collections360, a comprehensive, managed
service approach to collections and recovery management for banks,
telcos, utilities and governments.

Global export debt collector and international trade dispute resolution
firm, M.A.H. International Corporation (M.A.H.), has become the latest
high profile name to enter into a Corporate Partnership with the
Chartered Institute of Credit Management (CICM).

In an historic move, the Chartered Institute of Credit Management (CICM)
– Europe’s largest professional credit management body – has signed an
agreement with its opposite number in Australia to provide its Quality
Accreditation (CICMQ) to members of the Australian Institute of Credit
Management (AICM).

WASHINGTON – Delinquencies in closed-end loans and bank cards fell in
the first quarter, highlighted by a significant drop in home equity loan
and home equity line delinquencies, according to results from the
American Bankers Association’s (ABA) Consumer Credit Delinquency
Bulletin. Delinquencies fell in five of the 11 individual loan
categories while delinquencies in two categories – direct auto loans and
marine loans – remained unchanged.

Straetus, the world’s largest debt collection organization, recently
signed a master franchise agreement with United Franchise Group (UFG).
Straetus is already active in Europe, Russia, the Middle East and with
this step within the USA and Australia as well.

Every third company in Europe would be able to hire more employees if
they got paid faster by their debtors. It appears from the debt
collection company Intrum Justitia's European Payment Report 2015, based
on questions about payment answered by 8979 companies in 29 countries.
32 percent answered yes to the question "Would you hire more if you got
the invoices paid faster?" This corresponds to 8 million businesses in
the countries surveyed.

Companies are increasingly outsourcing their debt collection to
specialist debt collection agencies, a move that is expected to see an
increase in money recovered from indebted individuals and companies.

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CCR Magazine

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